On April 12, 2017 local time, China Merchants Group President Li Xiaopeng met in Shekou with Dr. Kai-Fu Li, Founder of Innovation Works, exchanging ideas about artificial intelligence and its applications. China Merchants Group Executive Vice President Wang Hong joined the meeting.

Li Xiaopeng welcomed the visit of Dr. Kai-Fu Li and introduced Group's history, industry scale, market-oriented mechanism and innovation genes. "There have been solid cooperation foundations on smart home between us, which paves the way for continuous development", said Li. Dr. Kai-Fu Li shared many successful cases of AI applications and its investment. "As China Merchants Group has wide range of businesses and optimized structures, Innovation Work is willing to join hands with CMG to seek for best practices of AI in industrial applications", said Dr. Kai-Fu Li.